"European stocks rallied after policy makers eased repayment rules for Spanish banks, relaxed conditions for possible aid to Italy and unveiled a $149 billion growth plan for the region's economy," Bloomberg News reports this morning. "U.S. index futures and Asian shares also rose."
Protesters and supporters of President Obama's health care law await the Supreme Court's ruling Thursday. The court ruled to uphold the law. The focus now shifts to the states, which are responsible for the lion's share of getting people without insurance covered.
The Supreme Court's decision to uphold nearly all of the Affordable Care Act may move the debate to the presidential campaign trail. But it shifts much of the burden of implementing the law to the states.
States are actually responsible for the lion's share of getting people without insurance covered under the health law.
President Barack Obama talks on the phone with Solicitor General Donald Verrilli in the Oval Office, after learning of the Supreme Court's ruling on the "Patient Protection and Affordable Care Act," on Thursday.
The White House has released a picture of President Obama on the phone with Solicitor General Donald Verrilli in the Oval Office after hearing the health care news. Verrilli was the one who argued the case in front of the Supreme Court.
Here's the picture:
Obama looks rather relaxed. But both The New York Times and NBC News report that Obama, who received the news like most Americans, first thought his signature legislation had been declared unconstitutional.
The text notifications will be sent to those people within the location of the severe weather. The Weather Emergency Alerts could also be used for local emergencies that require evacuation, AMBER alerts and presidential alerts "during a national emergency," the Weather Service said.
Now that the Supreme Court has decided that the Affordable Care Act can stand, it's time to think about what the law actually means for your medical coverage. The requirement that everyone buy health insurance (the individual mandate) has gotten all the attention, but there's a lot more to the health law. So let's review the changes the law has already wrought and those that still lie ahead:
Update at 4:40 p.m. ET. House Votes To Hold Holder In Contempt:
In a dramatic showdown between the branches of government, the Republican-led House voted along party lines to hold Attorney General Eric Holder in contempt of Congress. This is the first time in history an attorney general has been held in contempt.
It's summer. School's out and college kids are resting their brains.
Except for the thousands who aren't — including students avidly engaged in science, all around the world.
In Uganda, at the Budongo Conservation Field Station, a young male chimpanzee called Zed tries to impress a female named Kumi. He shreds a leaf, he hits the ground, he moves through the repertoire of tried-and-true chimpanzee tactics for luring a mate. No luck; for a good while, Kumi remains impassive.
"It is of course true that the Act describes the payment as a 'penalty,' not a 'tax.' But while that label is fatal to the application of the Anti-Injunction Act, it does not determine whether the payment may be viewed as an exercise of Congress's taxing power."
Here's a new item on the list of banks that behave badly. Yesterday, British and U.S. authorities fined Barclays bank $452 million dollars for trying to manipulate two key interest rates: the British Libor and the Euribor, similar to the U.S. prime interest rate.